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JR Revision > Project contexts and environments > Flashcards

Project contexts and environments Flashcards

1
Q

What is the Environment

A

The circumstances and conditions within which the project, programme or portfolio must operate.

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2
Q

what is the environment setting

A

Setting describes the relationship between the project, programme or portfolio and the host organisation.

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3
Q

what does the project context include

A

The project context includes the consideration of the internal (organisation) and external environments in which the project is undertaken.

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4
Q

What are the 6 key questions to be asked regarding project context

A
  1. What influenced the requirement?
  2. How will the business affect the project?
  3. What is the project’s status relative to other projects?
  4. Is the project in line with key company strategies?
  5. What will be undertaken after project completion?
  6. How will the deliverables be operated?
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5
Q

What does the environment cover

A

anything that can affect project execution including everything that has taken place already (pre-project) and all that will take place after (post-project).

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6
Q

how is the internal environment defined

A

the working environment in which the project is undertaken.

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7
Q

what may 2 items may govern the internal environment

A
  1. External policies, standards and processes such as regulatory, industrial and professional standards.
  2. the organisation’s own policies, standards and procedures (Governance).
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8
Q

What 8 factors may impact the internal project environment

A
  1. organisational strategies, processes and procedures
  2. internal stakeholder relationships
  3. resource and skills availability
  4. access to project funding
  5. organisational culture
  6. information systems
  7. standards, guidelines and templates
  8. contractual relationships
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9
Q

what are the 3 major environmental factors

A
  1. Sector
  2. Geography
  3. Regulation
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10
Q

what are 6 examples of Sector

A
  1. Financial
  2. Media
  3. Manufacturing
  4. Construction
  5. Agriculture
  6. Government
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11
Q

what are the 2 main areas to consider regarding Geography

A
  1. physical environment - particularly with construction

2. political and economic environment

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12
Q

what additional 7 aspects may be affected by the geographic location

A
  1. language
  2. culture
  3. transport
  4. communication
  5. climate
  6. resources
  7. local customs and regulations
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13
Q

what 8 requirements will a PM need to consider regarding Regulation

A
  1. contract law
  2. employment law
  3. health and safety
  4. environmental control
  5. building regulations
  6. industry standards
  7. data protection
  8. freedom of information
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14
Q

what 3 factors can the external environment include

A
  1. social, cultural, political, legal, regulatory, financial, technological, econ, natural and competitive environment
  2. key economic drivers or trends
  3. relationships with external stakeholders
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15
Q

what are the 2 tools that can be used for an EIA

A
  1. SWOT

2. PESTLE

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16
Q

What does PESTLE stand for

A 
Political
Economic
Sociological
Technological
Legal / Regulatory
Ethical / Environmental
17
Q

What are examples PESTLE

A

Political - lobbying, change of government, internal politics

Economic - exchange rates, inflation, unemployment

Sociological - impact on health or living standards, trends/fashion, demographic changes

Technological - technical maturity, innovation, intellectual property

Legal / Regulatory - new legislation, employment laws, building regulations

Ethical / Environmental - environmental impact - how can it be mitigated

18
Q

What are 4 examples of Strengths and Weaknesses

A
  1. project and product portfolios
  2. production facilities
  3. staff
  4. IT systems
19
Q

where are Strengths and Weaknesses generally found

A

within the internal environment

20
Q

where do Opportunities and Threats generally arise

A

from the external environment (as per PESTLE elements)

JR Revision (25 decks)

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